Bank nifty surges over 5%, stock trading tips today

On Monday market started on strong note with positive side.nifty sensex both opened in green side.The rupee breached 63 opened at 62.85 per dollar up with 26 paise. The sensex is up 189.46 points at 20588.88, and the nifty is up 58.15 points at 6114.30 nifty touched a high of 6143.60 and a low of 6110.40.


The S&P BSE midcap index was up 0.94% and the S&P BSE small cap index gained 0.60%.

Among the sectoral indices, the bankex was up 2.60%, realty index was up 2.60%,realty index up 1.77%,capital goods index gained 1.59%, IT index moved up 1.34%.

The bank nifty surges over 250 points,in the limelight for the past two sessions.and has surged over 5%.Bank nifty up 232.85 points or 2.15% at 11044.05.

Stock tips-----
ICICI Bank Ltd is a BUY with a target 1090 and a stop loss 1030
M&M Ltd is a BUY  target 985 and a stop loss 905
Coal India Ltd is a Sell target 252 and a stop loss 285.50